Odds and Ends

Recessions and rumors of recessions

The Fed is putting this strong recovery in peril

Jul 9, 2022 • Taylor Shiroff

January 2022

The Fed, the future, and flexibility

The Fed has to figure out how to assert flexibility without sounding so scary

Jan 30, 2022 • Taylor Shiroff

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Why and when to use quantitative easing

It's generally just pricey forward guidance, but QE has a time and place

Jan 23, 2022 • Taylor Shiroff

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Reserves, what are they good for?

It's 2022 and we're still saying banks lend reserves?

Jan 16, 2022 • Taylor Shiroff

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Credibility goes both ways

The Fed needs credibility not just as an inflation fighter but as a recession-fighter, too

Jan 9, 2022 • Taylor Shiroff

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Why is investment insensitive to interest rates?

Plenty of evidence suggests that investment doesn't react much to interest rates. How could this be?

Jan 2, 2022 • Taylor Shiroff

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December 2021

What does a faster taper mean?

A sooner end to quantitative easing need not get in the way of the recovery—unless the Fed lets it

Dec 19, 2021 • Taylor Shiroff

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Tightening is more than tapering

The tightening cycle is well underway, even as rates are yet unchanged

Dec 12, 2021 • Taylor Shiroff

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November 2021

Why We Shouldn't Doom Over Labor Force Participation

Today’s Low and Stationary Labor Force Participation Rate Is Not a Sign of a Structural Shift

Nov 28, 2021 • Taylor Shiroff

In Brief: Last Week's Data Releases

The recovery continues, but we're not there yet

Nov 2, 2021 • Taylor Shiroff

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October 2021

Is The Fed Monetizing the Debt?

Contrary to popular narratives, it doesn't seem like it.

Oct 2, 2021 • Taylor Shiroff

5

September 2021

On Forecasting Inflation

What do the median CPI index and older consumers have in common? They are bad at forecasting inflation!

Sep 18, 2021 • Taylor Shiroff

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